CNFR · Conifer Holdings, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $11.55M | - | $6.68M | $16.13M | $15.88M | - | $16.02M | $26.85M | $23.08M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | $2.10M | - | $1.49M | $4.37M | $2.86M | - | $3.59M | $4.26M | $4.50M | - |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | ($1.06M) | - | ($2.91M) | ($3.65M) | ($4.43M) | - | ($7.33M) | ($4.36M) | ($545.0K) | - |
| Interest Expense | $1.98M | - | $874.0K | $864.0K | $541.0K | - | $2.27M | $869.0K | $877.0K | - |
| Income Tax | ($38.0K) | - | $0 | $0 | $0 | - | ($1.37M) | ($18.0K) | $0 | - |
| Net Income | $2.62M | - | ($3.97M) | $2.05M | $522.0K | - | $52.79M | ($3.95M) | $74.0K | - |
| EPS - Basic | $0.15 | - | ($0.32) | $0.17 | $0.04 | - | $4.32 | ($0.32) | $0.01 | - |
| EPS - Diluted | $0.15 | - | ($0.32) | $0.17 | $0.04 | - | $4.32 | ($0.32) | $0.01 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $25.47M | $27.36M | $7.41M | $21.95M | $10.28M | $27.65M | $32.39M | $9.70M | $17.32M | $11.13M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $236.61M | $239.28M | $285.00M | $283.26M | $277.07M | $281.66M | $299.85M | $292.93M | $301.08M | $311.80M |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | $12.25M | $12.19M | $12.12M | $12.06M | $12.00M | $11.93M | $16.47M | $24.83M | $24.95M | $25.06M |
| Total Liabilities | $211.42M | $230.32M | $259.69M | $255.05M | $251.49M | $260.13M | $250.80M | $294.10M | $298.52M | $308.92M |
| Stockholders' Equity | $25.19M | $8.97M | $25.30M | $28.21M | $25.59M | $21.52M | $49.05M | ($1.17M) | $2.56M | $2.89M |
| Retained Earnings | ($78.97M) | ($81.59M) | ($64.55M) | ($60.58M) | ($62.63M) | ($63.15M) | ($37.77M) | ($90.56M) | ($86.61M) | ($86.68M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($15.26M) | - | - | - | $8.18M | - | - | - | $8.18M | - |
| Investing Cash Flow | $168.0K | - | - | - | ($9.61M) | - | - | - | ($1.56M) | - |
| Financing Cash Flow | $6.25M | - | - | - | $7.50M | - | - | - | ($426.0K) | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | -9.2% | - | -43.6% | -22.6% | -27.9% | - | -45.8% | -16.2% | -2.4% | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | 22.7% | - | -59.4% | 12.7% | 3.3% | - | 329.6% | -14.7% | 0.3% | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | -1.5% | - | - | 0.0% | 0.0% | - | -2.7% | - | 0.0% | - |
| Return on assets | 1.1% | - | -1.4% | 0.7% | 0.2% | - | 17.6% | -1.3% | 0.0% | - |
| Return on equity | 10.4% | - | -15.7% | 7.3% | 2.0% | - | 107.6% | 339.1% | 2.9% | - |
| Return on invested capital | -2.8% | - | -6.2% | -9.1% | -11.8% | - | -11.2% | -14.6% | -2.0% | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | 0.49 | 1.36 | 0.48 | 0.43 | 0.47 | 0.55 | 0.34 | -21.32 | 9.75 | 8.67 |
| Debt / Assets | 0.05 | 0.05 | 0.04 | 0.04 | 0.04 | 0.04 | 0.05 | 0.08 | 0.08 | 0.08 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -0.5x | - | -3.3x | -4.2x | -8.2x | - | -3.2x | -5.0x | -0.6x | - |
| Equity multiplier | 9.39 | 26.69 | 11.26 | 10.04 | 10.83 | 13.09 | 6.11 | -251.45 | 117.65 | 107.93 |
| Liabilities / Assets | 0.89 | 0.96 | 0.91 | 0.90 | 0.91 | 0.92 | 0.84 | 1.00 | 0.99 | 0.99 |
| Efficiency | ||||||||||
| Asset turnover | 0.05 | - | 0.02 | 0.06 | 0.06 | - | 0.05 | 0.09 | 0.08 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -27.3% | - | -58.3% | -39.9% | -31.2% | - | -43.0% | 7.7% | -6.1% | - |
| Revenue CAGR (3y) | -22.3% | - | -36.7% | -13.2% | -14.5% | - | -15.7% | -8.8% | -4.3% | - |
| Revenue CAGR (5y) | -15.2% | - | -24.2% | -8.6% | -6.0% | - | -7.7% | 3.3% | -1.0% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 76.0% | - | 60.3% | 16.4% | -713.2% | - | -30.5% | 17.2% | -303.7% | - |
| Net income growth (YoY) | 402.3% | - | - | - | 605.4% | - | - | 16.6% | -92.6% | - |
| EPS growth (YoY) | 275.0% | - | - | - | 300.0% | - | - | 17.9% | - | - |
| EPS CAGR (3y) | - | - | - | -33.2% | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -1.5% | -58.3% | -48.4% | - | 899.8% | 645.1% | 316.0% | - | -88.5% | -84.8% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2023-12-31.
Product / service
$17.37M totalManagement Service$17.37M · 100.0%
Peer comparison
Same SIC group: Fire, Marine & Casualty Insurance
Comparing Conifer Holdings against the 5 most active filers in the same SIC group.